See Home Value
$198,000 - $240,000
House - Off Market

8314 S Colfax Avenue

Chicago, IL 60617
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1060 Sqft
Sold Dec 11, 2023
$220,000
$202,621 by Old National Bank
Mortgage Due Dec 01, 2053
Sold Aug 08, 2022
$26,000

About This Property

Beautiful completely rehabbed three bedrooms, two bathrooms ranch!!!!! 1060 sq ft above ground plus full finished basement!  Luxury finishes! Beautiful modern kitchen with quartz counter tops and stainless steel appliances. Specious living area with fireplace. Vaulted ceilings in living, dining room, kitchen, master bedroom. Gorgeous floors in living, dining room, kitchen, bedrooms, and basement. The basement is finished with huge recreation room, office/bedroom and full bathroom. New roof, windows, kitchen, bathrooms, plumbing, HVAC, electrical and much more. Great backyard. This project was completed by experienced reputable builder. Close to highways, schools, shopping.

The manager has listed the unit size as 1060 square feet.
Unit Size
1,060Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Dec 11, 2023 Sold to Christi Wright $220,000
Sold to Christi Wright
Dec 3, 2023 No longer available -
No longer available
Nov 7, 2023 In contract -
In contract
Sep 30, 2023 No longer available -
No longer available
Sep 28, 2023 Listed $219,900
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLS ADD TO SOUTH CHICAGO
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HILLS) ADD TO (SOUTH) (CHICAGO) SUB OF SW SEC 31-38-15

Ownership

  • Current Owner : WRIGHT CHRISTI
  • Previous Owner : LOWISZ ALICIA
  • Owner Before Previous Owner: HIYAM ISKAN INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 28, 2024

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 460400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 21-31-303-030-0000
  • Block: 37
  • Lot: 7
  • Meridian: SEC 31 TWN 38N RNG 15E
  • Municipality: HYDE PARK
  • Latitude: 41.744
  • Longitude: -87.5615

    Address

  • Full Address: 8314 S Colfax Ave
  • Address - House Number: 8314
  • Street Direction: S
  • Address - Street Name: Colfax
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C013
  • 4-Digit Zip Code: 2032
  • Zip Code: 60617

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,851
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 242,033
  • High Value: 266,504
  • Low Value: 217,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $202,621
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Dec 11, 2023
  • First Open Lien Mortgage Loan Amount: $202,621
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $31,250
  • Market Improvement Value: $58,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,000
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $5,875

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 11, 2023
  • Current Sale Transaction ID: 11917747762
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41037
  • Previous Sale Recording Date: Aug 08, 2022
  • Previous Sale Contract Date: Aug 03, 2022
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Dec 11, 2023
  • First Mortgage Loan Amount: $202,621
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,150 ft²
$161/ft²
$185,000 Jan 5, 2023
-
$92/mo
House
3 Beds
2.5 Baths
1,643 ft²
$134/ft²
$219,900 Nov 2, 2023
-
$204/mo
House
3 Beds
3 Baths
1,800 ft²
$128/ft²
$230,000 Sep 24, 2023
-
$168/mo
House
4 Beds
2.5 Baths
1,900 ft²
$125/ft²
$237,500 Apr 6, 2023
-
$201/mo
House
2 Beds
2 Baths
2,400 ft²
$96/ft²
$230,000 Aug 10, 2023
-
$20,471/mo
Multifamily
4 Beds
-
-
$197,000 Oct 11, 2023
-
$168/mo
Multifamily
4 Beds
-
-
$200,000 Sep 15, 2023
-
$92/mo
Multifamily
4 Beds
-
-
$190,000 Aug 8, 2023
-
$708/mo
Commercial
Loft
-
-
$225,000 Nov 8, 2023
-
-
Multifamily
5 Beds
-
-
$215,000 May 9, 2023
-
-
Multifamily
7 Beds
-
-
$199,900 Sep 27, 2023
-
$107/mo
Multifamily
6 Beds
-
-
$199,900 Jul 29, 2023
-
$131/mo

About Far South Chicago


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Frequently Asked Questions

When was property at 8314 South Colfax Avenue built and last sold?
The property at 8314 South Colfax Avenue was built in 1964 and last sold on Nov 30, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 8314 South Colfax Avenue is $219,120.
What are some comparable homes to 8314 South Colfax Avenue?
Homes that are comparable to 8314 South Colfax Avenue include a house property at 8008 South Saginaw Avenue, 8237 South Clyde Avenue, 8425 South Essex Avenue.

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